TSH Resources Bhd Executes Share Buy-Back to Strengthen Market Position

An announcement from TSH Resources Bhd. ( (SG:TSH) ) is now available.

TSH Resources Bhd announced a share buy-back transaction, purchasing 1,200,000 shares at prices ranging from 1.090 to 1.120 Malaysian Ringgit per share, totaling a consideration of 1,333,243.36 MYR. The shares will be retained as treasury shares, contributing to a cumulative total of 50,750,200 treasury shares, representing 3.67275% of the company’s issued shares. This move may impact the company’s financial structure and market perception, potentially enhancing shareholder value by reducing the number of shares available in the market.

More about TSH Resources Bhd.

TSH Resources Bhd is a company operating in the palm oil industry, focusing on the production and sale of palm oil and related products. The company is a significant player in the Malaysian market, with a strong emphasis on sustainable and efficient palm oil production.

YTD Price Performance: -15.79%

Average Trading Volume: 78,872

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$443M

For detailed information about TSH stock, go to TipRanks’ Stock Analysis page.